Morning journal and courier., 1887-01-26
INDUSTRIAL PARTNERSHIP.
Lyman Reecher Lectures-A Step BE.
YOnd ArbitratiOn-Scienti and
ChrIalfan SOcfaIiann

Lyman Reecher Lectures-A Step Be
yOnd Arbitration-Scient and
Christian Socialism.
Rev. Washington GLADDEN., D. D., of Co
Iumbus, O., delivered the seventh lecture in
the Lyman Beecher course yesterday after
noon in the Marquand chapel before large
audience upon the subject, Industrial Pert
nership." Arbitration is the word of the
hour, but it is not probable that it is the last
word of the labor question. Strikes and
lockouts are characteristic of feudal ages;
arbitration is a step in advance, and charac-
teristic of the age of law. Under the wage
system there is a natural and irrepressible
conflict between the employer and employees.
Their interests are not identical any more
than are those of buyer and seller. The
larger the one share is the smaller must the
other be. Only of spiritual things is it true
that the more you give away the more you
have left. Industrial partnerships system
for the Identification of these interests, the
employees sharing the losses and profits of the
business. It is method justified upon econ
omical grounds. The employer who estab-
fishes confidential relations with his employees
will reap money benefits, as well as the good
will of all under him. The testimony of all
who have tried it is enthusiastic in its favor.
The theory stands upon solid grounds, and has
substantial results to show from wide field
of operation. Statements to the contrary, it
will be found that in all traffic much of eco
nomic value depends upon the good temper
of the employees
In Europe there are three systems employ
ed. One is that of partnership, the employees
sharing the profits and losses to certain per
cent. Another sets aside per cent. of the
profits at interest for the employees, letting it
accumulate until a certain time. Others
combine these systems, sharing a portion
Immediately and putting the rest at interest.
In this country these principles are practlsed
successfully in the fisheries of Massachusetts
and the Pillsbury mills at Minneapolis. The
dividend is not usually an increase of
pay, but extra pay for extra SER
vices, and the manner of calling
out the extra services is q matter of the
greatest importance. The employer has as
subtantial advantage in every respect as the
employees. The best results are in the sym-
pathy, consideration, sense of stewardship
and considerations of power with all con-
cerned. The business is regarded as joint
enterprise of the capitalists and workmen.
Industrial partnership is simply an attempt
to reorganize labor with the consideration of
Christian laws.
Thursday being the day of prayer for col
leges DR.. GLADDEN. will deliver the Thursday
lecture this afternoon at O'Clock The SUBJ
ject will be Scientific Socialism" The con-
Guiding lecture will be on Friday; the sub
ject will be christian Socialism"
Liabilities $4,000.
NJ. & J. Frank, second hand furniture
dealers at 903 Grand avenue, made an assign
ment yesterday; assets $1,000, liabilities
So, 900. Mr.. Frank is at present in Jail, and
the poor debtors oath will be administered
to him in day or two.
Her Leg was Broken.
Catherine Driscoll, AZ years old, living at
1873 Wallace street, land weighing 260 pounds,
was sent to the hospital yesterday. She fell
on the ice the evening before and broke her
leg while intoxicated, ana was taken to the
police Office in the patrol wagon.
Italians Will Dance.
The Fratellanga Italianne d. Mutuo So
ccorso society, composed of the leading Ital-
ian fraternity of this city, will February %
give ball at Turn Hall. Paul Russo is the
president of the arrangements committee. The
dancing will be in both the italian and the
American style. J. B. Sargent and DR.. F.